Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week
$ETH
Three high-profile exploiters have taken advantage of ether’s rally to liquidate stolen funds, pocketing tens of millions in extra profits.
Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)
What to Know
Ethereum’s rally to $4,780 has significantly increased the value of stolen assets from three major exploits, enabling attackers to cash out tens of millions in additional gains.
The Radiant Capital hacker gained $48.3 million over the initial $53 million theft, the Infini attacker added $25.15 million to their $49.5 million haul, and an unidentified hacker made $9.76 million by liquidating their stash this week.
These cases underscore a brutal 18 month stretch for crypto security, with $3.1 billion lost to hackers in the first half of 2025 and $1.49 billion stolen in 2024.
Ether's (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains.
In three separate case, on-chain data, revealed by X account EmberCN, shows hackers strategically liquidated their ETH holdings for tens of millions in profit.
The Radiant Capital exploiter, who the protocol alleges is a North Korean entity, drained around $53 million in assets from the DeFi protocol last October. They converted much of their haul into 21,957 ETH at roughly $2,414 per coin, only to sell 9,631 ETH for $44 million worth of stablecoins this week.
$ETH
Three high-profile exploiters have taken advantage of ether’s rally to liquidate stolen funds, pocketing tens of millions in extra profits.
Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)
What to Know
Ethereum’s rally to $4,780 has significantly increased the value of stolen assets from three major exploits, enabling attackers to cash out tens of millions in additional gains.
The Radiant Capital hacker gained $48.3 million over the initial $53 million theft, the Infini attacker added $25.15 million to their $49.5 million haul, and an unidentified hacker made $9.76 million by liquidating their stash this week.
These cases underscore a brutal 18 month stretch for crypto security, with $3.1 billion lost to hackers in the first half of 2025 and $1.49 billion stolen in 2024.
Ether's (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains.
In three separate case, on-chain data, revealed by X account EmberCN, shows hackers strategically liquidated their ETH holdings for tens of millions in profit.
The Radiant Capital exploiter, who the protocol alleges is a North Korean entity, drained around $53 million in assets from the DeFi protocol last October. They converted much of their haul into 21,957 ETH at roughly $2,414 per coin, only to sell 9,631 ETH for $44 million worth of stablecoins this week.